TradingView
bxcimu
Sep 28, 2018 6:33 PM

Is XRP about to moon?! Long

XRP / US DollarPoloniex

Description

XRP has been on a rally since 9/18 and has formed a bullish pennant on a daily chart. This could be a great investment opportunity provided that it continues to break out. Volume has been off the charts in September and if it keeps up with the momentum we can probably expect around 50% return, flag pole length can sometimes reveal next stop and in this case it can be around $0.92. Time will tell, in the meantime RSI is lingering in the overbought territory and MACD appears to be very positive.

P.S. I am not a financial adviser so please do your own research before making an investment.
More